The cyber security experts at TitanHQ have warned that we should be on the lookout for a scam that is “likely to hit British shores in the coming months”.
The advice comes after a US school district admitted to transferring nearly $200,000 to an account controlled by cybercriminals Last month.
With phishing attacks hitting an all-time high in the first half of 2022, TitanHQ has shared its top tips to avoid getting caught.
Brits warn of email scams going from US to UK
This type of cyberattack is known as “spear phishing,” where a cybercriminal poses as a trusted sender and shares information that may be relevant or of interest to you.
In the above case, the Floyd County School District in Georgia received an email requesting payment.
The payment allegedly came from a company, Ben Hill Roofing, which had previously done some construction work for a school in the district.
The school district didn’t realize they were being scammed until the real roofing company submitted their bill.
They released the following statement: “Floyd County Schools has been made aware of a phishing incident. This cyberattack resulted in funds being stolen from the school system by an outside source.”
Ronan Kavanagh, CEO of TitanHQ, said of the recent scam, “Cyber criminals are becoming more sophisticated and are finding ways to create deceptive emails and websites that look legitimate.
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“We would urge people to be extra careful and always check the sender’s contact details.
“If a vendor or customer you are familiar with emails you asking you to change their account payment details or anything else that seems suspicious, be sure to check with your direct contact at the company to ensure that the request is legitimate.”
In a recent survey, TitanHQ found that 85% of organizations have experienced up to 17 types of security incidents in the last 12 months.
Tips for preventing Titan HQ phishing scams
- Improve email security
- Provide training to increase security awareness
- Update web browsers regularly
- Install and use an antivirus program
- Disable pop-ups and customize a reporting policy
- Use a DNS filter
Titan HQ has warned of the “visible” and “financial consequences” of this type of scam.
The cyber security experts added that the attacks “are becoming more sophisticated, becoming more frequent and affecting all areas”.
The programs are no longer reserved for large bodies like the NHS and academic institutions, but also for smaller companies.
https://www.theargus.co.uk/news/20355165.email-scam-warning-issued-across-uk-tips-help-avoid-phishing-attacks/?ref=rss Email scam warning across the UK and tips to avoid phishing attacks